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Kaboodle snapped up by Hearst
bizreport.com — 'After its June acquisition of the male-dominated UGO Networks Inc., Hearst Corporation is now buying a social shopping website'. Question: is this a good thing to have a cool community bought out by newspaper conglomerate, Hearst? Let alone a large company? I think they're just bandwagoning like Murdoch's News Corp bought MySpace. Time will tell?
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